The Pegasus World Cup Invitational Stakes is an American Thoroughbred horse race whose first running was on January 28, 2017 at Gulfstream Park in Hallandale Beach, Florida.
[5] Starting in 2020, the use of all race-day medications, including Lasix, is prohibited, which the Stronach Group heralded as a "new era" in North American thoroughbred racing.
[8] The timing also makes it possible for a horse to run one last race before retiring to stud, as the North American breeding season begins in mid-February.
A pre-entered horse that did not draw into the Pegasus World Cup was eligible to compete in the newly created Poseidon Stakes, which was run under similar conditions but offered a $400,000 purse and required a $20,000 entry fee.
[13] In 2019, the Stronach Group partnered with Xpressbet to host Pegasus World Cup Betting Championship with the total prize of $435,000.
[14] The fourth Pegasus World Cup, to be run on 25 January 2020, will carry a purse of $3 million and require that horses be free of all race-day medications.